NETS, on June 1, announced the appointment of Ricky Lim as its new CEO of its wholly-owned subsidiary Banking Computer Services (BCS), an entity within the NETS Group.

It manages and operates clearing and payment infrastructure for the Singapore Automated Clearing House, including Fast And Secure Transfers (FAST), inter-bank GIRO (IBG), cheque truncation system (CTS) and provides services for PayNow and the SGQR Central Repository.

Lim’s appointment was effective May 12. He succeeds outgoing CEO Jimmy Quek, who has stepped down after 39 years, for personal reasons.

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